Actuarial Calculations Analyst - DB (Defined Benefits)

Proactive.IT Appointments Ltd.; London; Remote; GBP 100,000 - 125,000; Full time

Job summary

A leading company is seeking an Actuarial Calculations Analyst specializing in Defined Benefits to assist with calculations and support member experiences. This role is a 6-month contract, offering a competitive rate within the market, focusing on both manual and automated calculation processes.

Qualifications

• Experience in defined benefits and actuarial calculations is essential.
• Strong Excel skills and knowledge of bulk annuity pricing are required.

Responsibilities

• Support growth and development of the DB area and member experience.
• Analyse benefit data to enable automated calculations.
• Provide support for standard and non-standard calculations.

Skills

Solid Actuarial experience

Defined Benefit experience

Manual calculations

Experience of completing member options calculations

Strong IT skills, particularly Excel

Knowledge of technical actuarial concepts

Awareness of DB buy in/buy out market

Experience of pensions or investment consultancy

Job description

Actuarial Calculations Analyst - DB (Defined Benefits)

Actuarial Calculations Analyst - DB (Defined Benefits)

Actuarial Calculations Analyst - DB (Defined Benefits)

Job Type - Contract

Location - Remote

Rate - Market rates + Inside IR35

Duration - 6 months

Our client is looking for an Actuarial Calculations Analyst with Defined Benefits experience. The assignment has been initially scoped for 3 - 6 months with potential to extend beyond long term thereafter. The role has been deemed Inside IR35.

Skills & experience

• Solid Actuarial experience
• Defined Benefit experience
• Manual calculations
• Experience of completing member options calculations.
• Support the growth/development of the DB area and our member experience.
• Able to provide calculation support for standard and non-standard member option calculations
• Analyse new scheme benefit data and enable automated tool (to run and maximise outputs in order to remove manual calculations support).
• Strong IT skills, particularly Excel
• Knowledge of technical actuarial concepts, specifically principles underlying bulk annuity pricing
• Awareness of DB buy in/buy out market, life insurance/relevant regulation.
• Experience of pensions or investment consultancy, life insurer or reinsurer.

Seniority level

• Seniority level

  Not Applicable

Employment type

• Employment type

  Contract

Job function

• Job function

  Information Technology

• Industries

  IT Services and IT Consulting

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